XRP Price Prediction: ETF Delays and Profit-Taking Push XRP to $2.90

Currently trading at $2.90, XRP experienced a notable dip of 3.32%, extending its losing streak as investors continued to lock in profits from its initial surge from last week. Regardless of the initial price withdrawal and BTC’s influence, the token is expected to experience a rebound, as tailwinds are gathering for XRP.

XRP’s mainstream demand was caused by the approval of Cboe, Nasdaq, and NYSE’s Generic Listing Standards (GLS) for commodity-based trust shares, allowing users to list crypto-spot ETFs under the GLS framework without the need for a SEC review. Nate Gearci, the NovaDius Wealth Management president, shared a chart from the Chief Investment Officer at Bitwise Asset Management, showing the dramatic increase in ETF issuances after the ETF rule was passed by the SEC in 2019.

According to the Bitwise CIO, approval of the GLS for crypto ETFs could be the key to ETF market expansion. Nate Geraci stated that the crypto ETF floodgates could open soon, expecting an avalanche of new filings and launches. He also added that cryptocurrency is expected to go mainstream through the ETF wrapper, with ETFs serving as the bridge between TradFi and DeFi.

Why XRP’s Price is Down Today?

According to recent reports, XRP experienced a fall of 3.32% in the last 24 hours. Let us see why XRP experienced this price dip:

• Technical Breakdown: As per reports, XRP fell below its 30-day SMA ($2.95) and its critical psychological support of $3.00, causing stop-loss orders. Experiencing a decrease from its July 2025 high of $3.66, the price is now hovering near the Fibonacci retracement level ($2.90).
• Regulatory Delays: Decisions on the seven-spot XRP ETF application were delayed by the SEC to October 18-November 14, 2025.  The prices were initially pushed by the recent launch of leveraged ETFs, such as ProShares Ultra XRP, but failed to sustain the momentum.
• Whale Activity and Market Sentiment: As per Whale Alert data, in September 2025, large holders moved 236 million XRP (approx. $679 million). However, XRP noted institutional interest, as the REX-Osprey XRP ETF saw $37 million inflows on September 18, 2025.

Recent Price Action and Technical Analysis

XRP experienced a price decrease on September 21, 2025, reaching $2.97. Although XRP is continuing its losing streak, the initial price dip meant it outperformed the crypto market and hovered near the key resistance level of $3. According to reports, these are the following technical levels:

• Support: $2.8 and $2.5
• Resistance: $3, $3.3, and $3.6.

The key price catalysts that could drive the price action are:

• ETF flow trends
• Spot ETFs: Approval or delay of XRP-spot ETFs and BlackRock’s plans for an iShares XRP Trust filing.
• XRP getting integrated as a treasury reserve asset by Blue-chip companies.
• Regulatory milestones: The price for XRP can be further influenced by factors such as Ripple’s US-chartered bank license application, the Market Structure Bill, and SWIFT news.

Catalysts and Scenarios

XRP testing the lower support or breaking the higher resistance will be determined by institutional adoption, regulatory progress, and the balance of inflows.

Now, let us check out the factors that might cause a bearish market scenario for XRP:

• BlackRock downplays planning an iShares XRP Trust filing, and the BITW, XRPR, and GDLC report weak demand.
• SEC, declining XRP-spot ETF application.
• Setbacks to the crypto-friendly regulations
• Blue-chip companies decide not to integrate XRP as a treasury reserve asset.
• OCC, delaying or rejecting Ripple’s US chartered bank license.
• SWIFT, capping Ripple’s market access by maintaining global dominance.

If the XRP experiences a bearish market trend, the prices are expected to spiral down to $2.8, opening the new key support level at $2.5.

Now, let us look at the factors that could cause a Bullish trend for XRP:

• Reports of strong inflows by BITW, GDLC, and XRPR
• BlackRock decides to file an iShares XRP Trust, and the approval of the XRP-spot ETF by the SEC.
• Adoption of XRP as a treasury reserve asset by Blue-chip companies.
• The Senate passes the Market Structure Bill, and Ripple secures the US-chartered bank license.
• SWIFT loses its market dominance to Ripple.

Final Thoughts

Although XRP is experiencing a slight price dip, spot ETF approvals and the passing of the Market Structure Bill could significantly increase its value in the coming days. However, if the market trend turns bearish, the price could reach $2.8, exposing the new key support level of $2.5.

Before your investment, keep a close watch on the regulatory and economic risks that could influence XRP’s trajectory in the coming weeks. It is crucial to do the required diligence before you invest in XRP to avoid financial damage.